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FMC CORP（FMC）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
TUTOR PERINI CORP的季度营收约是FMC CORP的2.0倍（$1.5B vs $759.0M），TUTOR PERINI CORP净利率更高（1.9% vs -37.0%，领先39.0%），TUTOR PERINI CORP同比增速更快（41.2% vs -4.0%），TUTOR PERINI CORP自由现金流更多（$98.7M vs $-628.1M），过去两年TUTOR PERINI CORP的营收复合增速更高（19.9% vs -14.5%）
FMC公司是总部位于美国宾夕法尼亚州费城的化工制造企业，1883年创立之初以生产杀虫剂为主，后续逐步拓展业务至其他领域。二战期间曾为美国陆军部设计生产两栖履带登陆车，目前在全球拥有7000名员工，业务布局广泛。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
FMC vs TPC — 直观对比
营收规模更大
TPC
是对方的2.0倍
$759.0M
营收增速更快
TPC
高出45.2%
-4.0%
净利率更高
TPC
高出39.0%
-37.0%
自由现金流更多
TPC
多$726.8M
$-628.1M
两年增速更快
TPC
近两年复合增速
-14.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $759.0M | $1.5B |
| 净利润 | $-281.2M | $28.8M |
| 毛利率 | — | 9.8% |
| 营业利润率 | -10.6% | 3.3% |
| 净利率 | -37.0% | 1.9% |
| 营收同比 | -4.0% | 41.2% |
| 净利润同比 | — | 136.3% |
| 每股收益（稀释后） | $-2.25 | $0.53 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FMCTPC
| Q1 26 | $759.0M | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $542.2M | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $791.4M | $1.2B | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.0B | $1.1B |
净利润FMCTPC
| Q1 26 | $-281.2M | — | ||
| Q4 25 | $-1.7B | $28.8M | ||
| Q3 25 | $-569.3M | $3.6M | ||
| Q2 25 | $66.7M | $20.0M | ||
| Q1 25 | $-15.5M | $28.0M | ||
| Q4 24 | $-16.3M | $-79.4M | ||
| Q3 24 | $65.0M | $-100.9M | ||
| Q2 24 | $295.1M | $812.0K |
毛利率FMCTPC
| Q1 26 | — | — | ||
| Q4 25 | 39.8% | 9.8% | ||
| Q3 25 | 23.8% | 12.0% | ||
| Q2 25 | 38.7% | 14.3% | ||
| Q1 25 | 40.0% | 10.8% | ||
| Q4 24 | 42.9% | -0.9% | ||
| Q3 24 | 36.3% | -2.4% | ||
| Q2 24 | 38.3% | 10.4% |
营业利润率FMCTPC
| Q1 26 | -10.6% | — | ||
| Q4 25 | -130.8% | 3.3% | ||
| Q3 25 | -73.1% | 2.8% | ||
| Q2 25 | 12.0% | 5.6% | ||
| Q1 25 | 7.4% | 5.2% | ||
| Q4 24 | 19.2% | -8.1% | ||
| Q3 24 | 12.7% | -9.9% | ||
| Q2 24 | 6.0% | 3.6% |
净利率FMCTPC
| Q1 26 | -37.0% | — | ||
| Q4 25 | -158.8% | 1.9% | ||
| Q3 25 | -105.0% | 0.3% | ||
| Q2 25 | 6.3% | 1.5% | ||
| Q1 25 | -2.0% | 2.2% | ||
| Q4 24 | -1.3% | -7.4% | ||
| Q3 24 | 6.1% | -9.3% | ||
| Q2 24 | 28.4% | 0.1% |
每股收益（稀释后）FMCTPC
| Q1 26 | $-2.25 | — | ||
| Q4 25 | $-13.77 | $0.53 | ||
| Q3 25 | $-4.52 | $0.07 | ||
| Q2 25 | $0.53 | $0.38 | ||
| Q1 25 | $-0.12 | $0.53 | ||
| Q4 24 | $-0.13 | $-1.53 | ||
| Q3 24 | $0.52 | $-1.92 | ||
| Q2 24 | $2.35 | $0.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $390.9M | $734.6M |
| 总债务越低越好 | $2.8B | $407.4M |
| 股东权益账面价值 | $1.8B | $1.2B |
| 总资产 | $9.4B | $5.2B |
| 负债/权益比越低杠杆越低 | 1.50× | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资FMCTPC
| Q1 26 | $390.9M | — | ||
| Q4 25 | $584.5M | $734.6M | ||
| Q3 25 | $497.7M | $695.7M | ||
| Q2 25 | $438.2M | $526.1M | ||
| Q1 25 | $315.3M | $276.5M | ||
| Q4 24 | $357.3M | $455.1M | ||
| Q3 24 | $416.7M | $287.4M | ||
| Q2 24 | $471.5M | $267.1M |
总债务FMCTPC
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.4B | $407.4M | ||
| Q3 25 | $3.4B | $413.1M | ||
| Q2 25 | $3.4B | $419.4M | ||
| Q1 25 | $3.1B | $405.6M | ||
| Q4 24 | $3.1B | $534.1M | ||
| Q3 24 | $3.1B | $681.4M | ||
| Q2 24 | $3.1B | $676.4M |
股东权益FMCTPC
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $3.8B | $1.2B | ||
| Q2 25 | $4.4B | $1.2B | ||
| Q1 25 | $4.4B | $1.2B | ||
| Q4 24 | $4.5B | $1.1B | ||
| Q3 24 | $4.6B | $1.2B | ||
| Q2 24 | $4.6B | $1.3B |
总资产FMCTPC
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.7B | $5.2B | ||
| Q3 25 | $12.1B | $5.2B | ||
| Q2 25 | $12.3B | $4.9B | ||
| Q1 25 | $11.8B | $4.5B | ||
| Q4 24 | $11.7B | $4.2B | ||
| Q3 24 | $12.2B | $4.4B | ||
| Q2 24 | $12.1B | $4.3B |
负债/权益比FMCTPC
| Q1 26 | 1.50× | — | ||
| Q4 25 | 1.62× | 0.33× | ||
| Q3 25 | 0.89× | 0.35× | ||
| Q2 25 | 0.76× | 0.35× | ||
| Q1 25 | 0.71× | 0.35× | ||
| Q4 24 | 0.69× | 0.47× | ||
| Q3 24 | 0.68× | 0.56× | ||
| Q2 24 | 0.68× | 0.52× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $-628.1M | $98.7M |
| 自由现金流率自由现金流/营收 | -82.8% | 6.5% |
| 资本支出强度资本支出/营收 | 2.2% | 5.0% |
| 现金转化率经营现金流/净利润 | — | 6.02× |
| 过去12个月自由现金流最近4个季度 | $-154.0M | $567.2M |
8季度趋势，按日历期对齐
经营现金流FMCTPC
| Q1 26 | — | — | ||
| Q4 25 | $657.1M | $173.7M | ||
| Q3 25 | $-184.2M | $289.1M | ||
| Q2 25 | $65.9M | $262.4M | ||
| Q1 25 | $-545.0M | $22.9M | ||
| Q4 24 | $427.9M | $329.6M | ||
| Q3 24 | $159.5M | $22.6M | ||
| Q2 24 | $292.2M | $53.1M |
自由现金流FMCTPC
| Q1 26 | $-628.1M | — | ||
| Q4 25 | $631.1M | $98.7M | ||
| Q3 25 | $-207.9M | $240.2M | ||
| Q2 25 | $50.9M | $235.6M | ||
| Q1 25 | $-576.6M | $-7.2M | ||
| Q4 24 | $406.3M | $320.4M | ||
| Q3 24 | $143.8M | $15.6M | ||
| Q2 24 | $282.3M | $42.2M |
自由现金流率FMCTPC
| Q1 26 | -82.8% | — | ||
| Q4 25 | 58.3% | 6.5% | ||
| Q3 25 | -38.3% | 17.0% | ||
| Q2 25 | 4.8% | 17.1% | ||
| Q1 25 | -72.9% | -0.6% | ||
| Q4 24 | 33.2% | 30.0% | ||
| Q3 24 | 13.5% | 1.4% | ||
| Q2 24 | 27.2% | 3.7% |
资本支出强度FMCTPC
| Q1 26 | 2.2% | — | ||
| Q4 25 | 2.4% | 5.0% | ||
| Q3 25 | 4.4% | 3.5% | ||
| Q2 25 | 1.4% | 2.0% | ||
| Q1 25 | 4.0% | 2.4% | ||
| Q4 24 | 1.8% | 0.9% | ||
| Q3 24 | 1.5% | 0.6% | ||
| Q2 24 | 1.0% | 1.0% |
现金转化率FMCTPC
| Q1 26 | — | — | ||
| Q4 25 | — | 6.02× | ||
| Q3 25 | — | 79.63× | ||
| Q2 25 | 0.99× | 13.14× | ||
| Q1 25 | — | 0.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.45× | — | ||
| Q2 24 | 0.99× | 65.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FMC
| EMEA | $307.0M | 40% |
| North America | $198.0M | 26% |
| Latin America | $177.0M | 23% |
| Asia (excluding 2026 India) 1 | $81.0M | 11% |
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
